FORM Form 4: 521 RSUs settled; officer now holds 11,694 shares
Rhea-AI Filing Summary
FormFactor (FORM) reported insider activity by its CFO and SVP Global Finance, Aric McKinnis. On 11/05/2025, 521 restricted stock units were settled into common shares (transaction code M) at $0 per unit, and 130 shares were withheld (code F) at $55.36 to cover taxes. Following these transactions, the officer directly owned 11,694 common shares and 3,647 RSUs. The RSU grant dated August 5, 2024 vests in twelve quarterly installments through August 5, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 521 | $0.00 | -- |
| Exercise | Common Stock | 521 | $0.00 | -- |
| Tax Withholding | Common Stock | 130 | $55.36 | $7K |
Footnotes (1)
- These shares of common stock reflect the settlement of restricted stock units of the Issuer. Each Restricted Stock Unit (RSU) is convertible into a share of common stock on a 1-for-1 basis. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations. The Restricted Stock Units granted on August 5, 2024 vest in twelve (12) quarterly installments beginning on November 5, 2024 and ending on August 5, 2027 and will be settled into shares of common stock on or following the vesting dates. If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.
FAQ
What insider transaction did FORM disclose on Form 4?
The CFO settled 521 RSUs into common stock and had 130 shares withheld at $55.36 for taxes on 11/05/2025.
What is the vesting schedule for the CFO's RSU grant?
The RSUs granted on August 5, 2024 vest in twelve quarterly installments from November 5, 2024 through August 5, 2027.
What transaction codes appear on the Form 4 for FORM?
The filing lists transaction codes M (RSU settlement) and F (shares withheld for taxes).
What prices are associated with the reported transactions?
The RSU settlement is shown at $0 per unit, and the tax withholding transaction reflects a share price of $55.36.